- Major resistance - 16985 (11 May High)
- Major support - 16530 (10 day EMA)
- Nikkei index has slightly retreated after making a high of 16838. It is currently trading around 16648.
- Short term trend is slightly bearish as long as resistance 17000 holds.
- The index major resistance is around 17000 and any break above will take the index to next level 17300/17525.
- On the lower side major support is around 16470 (10 day EMA) and break below will drag the index down till 16320/16000/15800 in short term.
- Short term trend reversal can be seen only below 15000.
It is good to sell on rallies around 16750-800 with SL around 17000 for the TP of 16525/16350


FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
FxWirePro- Major Crypto levels and bias summary
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro-Major European Indices
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70 



